The ForexBrokers.com annual forex broker review (three years running) is the most cited in the industry. With over 60,000 words of research across the site, we spend hundreds of hours testing forex brokers each year. How we test.
Trading forex (currencies) in Italy is popular among residents. While recommended, forex brokers are not required to become authorised by the Commissione Nazionale per le Società e la Borsa (CONSOB) to accept residents of Italy as customers.
The Commissione Nazionale per le Società e la Borsa is the financial regulatory body in Italy. Website: http://www.consob.it. CONSOB does not have any social media accounts to follow.
CONSOB was established in 1974 and is responsible for regulating investment services, authorizing operations of regulated markets, and monitoring operations of market management companies. For a historical breakdown, here's a link to the Commissione Nazionale per le Società e la Borsa webpage on Wikipedia.
Best Forex Brokers Italy
Here is our list of the best forex brokers in Italy.
- IG - Best Overall Broker 2020
- CMC Markets - Best for low costs, active trading
- Swissquote - Best banking services
- Saxo Bank - Best web platform, high minimum deposit
- Plus500 - Best for beginners overall
- Markets.com - Easy-to-use platform
Italy Forex Brokers Comparison
|Forex Broker||Accepts IT Residents||Average Spread EUR/USD - Standard||Minimum Initial Deposit||Trust Score||Overall||Visit Site|
How to Verify CONSOB Authorisation
Residents of Italy can search for authorised firms with retail locations as well as authorised firms without retail locations. Most forex brokers will be located in the list without physical locations.
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For our 2019 Forex Broker Review we assessed, rated, and ranked 28 international forex brokers. Each broker was graded on 81 different variables and, in total, over 60,000 words of research were produced.
While encouraged, broker participation was optional. Each broker had the opportunity to complete an in-depth data profile and provide executive time (live in person or over the web) for an annual update meeting.
All data submitted by brokers is hand-checked for accuracy. Ultimately, our rigorous data validation process yields an error rate of less than .1% each year, providing site visitors quality data they can trust. Learn more about how we test.
Forex Risk Disclaimer
"There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses." Learn more.